Thursday, November 19, 2009
Zimbabwe anarchy an unforeseen blessing
Most interesting from a libertarian viewpoint
In February 2009 Zimbabwe was the only country in the world without debt. Nobody owed anyone anything. Following the abandonment of the Zimbabwe Dollar as the local currency all local debt was wiped out and the country started with a clean slate.
It is now a country without a functioning Central Bank and without a local currency that can be produced at will at the behest of politicians. Since February 2009 there has been no lender of last resort in Zimbabwe, causing banks to be ultra cautious in their lending policies. The US Dollar is the de facto currency in use although the Euro, GB Pound and South African Rand are accepted in local transactions.
Price controls and foreign exchange regulations have been abandoned. Zimbabwe literally joined the real world at the stroke of a pen. Money now flows in and out of the country without restriction. Super market shelves, bare in January, are now bursting with products.
I recently visited Zimbabwe in the company of a leading Australian fund manager. As a student of monetary history, I was interested to see what had happened to a country that had suffered hyperinflation. How did the people cope? How is the country progressing now? The current Zimbabwean situation is complicated by the fact that President Robert Mugabe is determined to stay in power whatever the cost....
The worst trauma for ordinary people during the hyperinflation was lack of food. This was due mainly to the imposition of price controls. If the cost of production of an item was $10 and the price controllers instructed that the item could only be sold for $5, the business would soon go bankrupt if they sold at the controlled price. The result was that production and imports just dried up, hence the empty shelves in the supermarkets.
People survived by shopping in neighboring countries and relied on assistance from South Africa and the aid agencies. Companies survived the hyperinflation with great difficulty and often by ignoring laws. Although companies were left without debt post February 2009, they were also left deficient in working capital and had dilapidated plant and equipment. Regular repairs and maintenance could not be afforded. Most companies now require urgent recapitalization.
There has been a major exodus of Zimbabweans over the years, estimated at about 3 million prior to 2008. Many of these were qualified people who were subjected to Mugabe’s campaign of terror. During the latter stages of the hyperinflation there was a further exodus because people were starving. Most of these people went south into South Africa. The current population of Zimbabwe is estimated to be between 10 and 12 million people, so the numbers that have fled the country are significant relative to the total population.
Current economic activity is strongly supported by remittances from Zimbabwean migrants to their families in Zimbabwe. Once the political situation settles down, it is likely that many of these migrants will wish to return to Zimbabwe. Some have already done so. Many activities that perished in the hyperinflation, such as insurance, are now starting to resuscitate.
Credit financing activities are starting to revive. Visa credit cards are once again operating successfully in Zimbabwe, others will surely follow. Banks have had both sides of their balance sheets devastated by hyperinflation and now have no lender of last resort to call on. They are understandably cautious in lending the deposits that are slowly filtering back into the system. Banks also lost much of their equity capital. Barclays Bank survived because it had 40 branches where the bank owned the real estate and had a strong parent. These properties plus some foreign currency holdings represent the equity capital on which the bank currently operates.
In a country with no debt, only assets, people and companies are under geared. With the ultra cautious lending policies of the banks, there is a huge opportunity for foreign investors in the credit purveying industry.
There has been a sharp rise in economic activity since February. Real wages have risen substantially compared to a year ago. Whatever workers were paid in Zimbabwe Dollars during the hyperinflation bought virtually nothing. Now even the minimum wage of around $100 per month allows for basic purchases. A 10kg bag of maize meal, a staple in the local diet, costs $3.50 and lasts for two weeks. Demand for products and services is increasing rapidly. Corporate profits are rising, leading to greater tax revenues for the Government, augmented by rising VAT taxes. Greater Government revenue allows for greater Government spending.
This self-reinforcing loop will continue. The improvement in the economy will become dramatic once Mugabe leaves the scene. At that time aid agencies, NGO’s, Charities and foreign governments will start injecting large volumes of funds and assistance into the country. They refuse to commit any meaningful funds while Mugabe is still the President.
With Mugabe out of the way and the economy recovering strongly, one could reasonably anticipate that a large proportion of the Zimbabweans living overseas will return to the country bringing welcome skills and capital. Indeed foreigners will also be attracted to investing in the country in those circumstances.
It is fascinating to see how rapidly the economy is recovering. It is a great testament to what can be achieved in a free enterprise environment by the elimination of controls combined with the institution of new money that people trust. It needs to be money that their Government cannot create via the printing (or electronic) press.
The economic future of Zimbabwe is likely to be in mining, agriculture, tourism and service industries, especially those providing infrastructure and maintenance facilities. There remain many problems, not the least being chronic unemployment, but the future looks bright beyond the Mugabe horizon. The population is amongst the best educated in Africa and most people can speak English. With the Zimbabwe’s natural assets, there is scope for realistic optimism about the economic future, especially once the current political difficulties are overcome. The population has been brutally traumatized by the hyperinflation and the political situation. They really deserve a decent change of fortune.
Much more HERE
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Stop lying about those stimulus jobs
Give the mainstream news media some credit: They have diligently dug into President Obama's fanciful boasts of job creation. When Obama claimed earlier this month that his $787 billion economic stimulus package had "saved or created" 640,000 jobs, a dozen news organizations pounced. They soon highlighted some of the most egregious cases of sketchy job creation in about 20 states.
From their reports, The Examiner has created an online interactive map for tracking exaggerated stimulus claims. So far, more than 75,000 jobs -- exceeding 10 percent of the total -- are either highly doubtful or clearly imaginary. In the coming weeks, we expect to add many thousands more to that total as other media organizations scrutinize stimulus grants in their areas.
Obama and his senior aides have sought to downplay the importance of exact numbers, but they invited close scrutiny earlier this year by setting dramatic expectations for the effect the stimulus program would have on employment. If his stimulus program was approved, Obama promised, unemployment would not go above 8 percent this year. The reality is that it passed 10.3 percent in October. So now the stimulus books are being cooked to mollify an anxious public worried that real-world jobs continue to disappear and angry that Obama has thrown almost $1 trillion down the stimulus rathole.
With his political advisers in a panic, Obama is now planning a State of the Union policy pivot intended to stave off a disastrous congressional election in 2010. After running up the nation's first-ever $1.4 trillion annual budget deficit for 2009, Obama will strike a new pose in January as the man who will stop government extravagance. Budget Director Peter Orszag says Obama will offer new suggestions for budget cuts and "revenue raisers," aka "tax hikes."
Obama's previous budget-cutting masquerade was laughable. In July, he called for a pathetic $265 million in cuts. But with a $3 trillion annual budget, Washington blows that much in about two blinks of an eye. Besides, most of the Obama "cuts" were proposed in full knowledge that Congress would never approve them. No doubt, Obama will present the same sort of faux budget cuts in 2010. But Obama's "concern" about excessive government spending likely will be no more credible to voters next November than the thousands of phantom stimulus jobs he claims to have created this year.
SOURCE
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BrookesNews Update
The US economy is beginning to resemble a Japanese economic tragedy : Inflation is the disease, not the cure. Using inflationary policies as counter recessionary-weapons will - depending on the circumstance - create stagflation or generate another boom followed by another crash. Right now it looks like stagflation
The Treasury wants to impose the fallacious rental resource tax on mining companies : Despite the fact that the concept of economic rent has been refuted a number of times the Treasury is now proposing to use this dangerous fallacy as an excuse to impose more taxes on the mining industry. Treasury officials seem to think of the mining industry as a magic cow that can keep on giving no matter how much you milk it
Will a constant money supply generate economic stability? :The whole idea that money could be neutral is ridiculous. Neutrality means that money would cease to be the medium of the exchange. However, then it would no longer be money
Headed towards defeat in Afghanistan : The Democrats really are the Party of Defeat. The administration's loathing for America is reflected in its callous treatment of US troops, treatment that is killing them
When our military is attacked, Obama is a Nowhere Man : Obama loves his wife, children, dog Bo, and himself - especially himself. And he relishes his far left ideology. But the working stiff, the heart and soul of this country? I don't see it. The United States? I don't think so. And that's why Obama should never have been elected president
The Fort Hood massacre: Time to jump to some conclusions : Political correctness is murdering American troops and Obama refuses to stop it in the name of diversity. An army is held together not by diversity but discipline, unity of purpose and patriotism - especially patriotism. Is that why Democrats loath the military?
The Berlin Wall: 20 years on : The anniversary of the fall of the Berlin Wall finds millions of human beings still under recalcitrant communist tyrannies that have defied the historical 'inevitability' of totalitarianism's demise. We owe it to the inhabitants of Cuba, North Korea, Laos and Cambodia to take a fresh look at what happened on Nov. 9, 1989
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ELSEWHERE
Jobs 'Saved or Created' in Congressional Districts That Don't Exist: "Here's a stimulus success story: In Arizona's 15th congressional district, 30 jobs have been saved or created with just $761,420 in federal stimulus spending. At least that's what the Web site set up by the Obama administration to track the $787 billion stimulus says. There's one problem, though: There is no 15th congressional district in Arizona; the state has only eight districts. And ABC News has found many more entries for projects like this in places that are incorrectly identified."
Bernanke offers grim job outlook: "Federal Reserve Chairman Ben S. Bernanke waded Monday into the debate among policymakers over the vigor of the economic recovery, offering a sobering view of what lies ahead in his most detailed comments on the economy in months. Bernanke's focus on the weak job market and his opinion that inflation will remain subdued show that he is looking to keep the Fed focused on supporting growth for quite a while longer by leaving interest rates at rock-bottom levels. Financial markets may be soaring and the economy expanding. But, he said, "the best thing we can say about the labor market right now is that it may be getting worse more slowly."
South Korea gains as global bidder to build nuclear power plants: "South Korea is emerging as an unexpected contender in the global race to build nuclear power plants, turning up as a finalist for one of the industry's most-coveted projects. The Korean bid has surprised more-established competitors -- including industry leader Areva of France -- as well as officials in the United Arab Emirates, who are examining bids for a contract that could be worth as much as $US40 billion to build and run the Arab world's first nuclear-power plants. UAE officials could award the contract as early as the next few weeks. Three groups have been short-listed for the UAE deal, according to people familiar with the situation. Early in the bidding process, many observers expected a two-horse race between a French consortium including Areva, GdF Suez, Electricite de France and Total and a US-Japanese consortium including General Electric and Hitachi. But the Korean bid has emerged as "far more competitive than anyone first thought," according to a person familiar with the situation. The UAE deal calls for the winner to spearhead the development, construction and operation of nuclear reactors and supporting facilities in Abu Dhabi, the biggest and richest of the UAE's seven semiautonomous emirates."
Your patriotic and economic duty: Fire a Democrat: "If you are an employer who will be forced to fire employees (or not hire) because of the damage done to your business either by the weak economy (made much weaker by the Democrats’ policies) or by Democrat-passed legislation, such as if health care ‘reform’ or cap-and-trade were to pass, fire Obama supporters first. Of course, you can’t actually say that’s your reason.”
The media as enablers of government: "Why do politicians so easily get away with telling lies? In large part, because the news media are more interested in bonding with politicians than in exposing them. Americans are encouraged to believe that the media will serve as a check and a balance on the government. Instead, the press too often volunteer as unpaid pimps, helping politicians deceive the public. In 1936, New York Times White House correspondent Turner Catledge said that President Roosevelt’s ‘first instinct was always to lie.’ But the Washington press corps covered up Roosevelt’s dishonesty almost as thoroughly as they hid his use of a wheelchair in daily life.”
Andrew Cuomo should leave Intel alone: "New York Attorney General Andrew Cuomo announced on November 4 that he is suing Intel for antitrust violations. Cuomo’s lawsuit is a mistake. He should drop it for two simple reasons. First, Intel’s alleged behavior is pro-competitive, not anti-competitive. Second, Cuomo has severely underestimated the extent of the relevant competitive market. The primary charge against Intel is that the chipmaker has given out billions of dollars in payments and rebates to its customers in exchange for exclusivity agreements. Dell alone received nearly $2 billion in 2006. Cuomo calls this practice ‘bribery.’ But in economic terms, this is exactly the same as lowering prices — and lower prices always help consumers.”
Utter folly: British army tells its soldiers to 'bribe' the Taleban: "British forces should buy off potential Taleban recruits with “bags of gold”, according to a new army field manual published yesterday. Army commanders should also talk to insurgent leaders with “blood on their hands” in order to hasten the end of the conflict in Afghanistan. The edicts, which are contained in rewritten counter-insurgency guidelines, will be taught to all new army officers. They mark a strategic rethink after three years in which British and Nato forces have failed to defeat the Taleban. The manual is also a recognition that the Army’s previous doctrine for success against insurgents, which was based on the experience in Northern Ireland, is now out of date. Addressing the issue of paying off the locals, the new manual states that army commanders should give away enough money to dissuade them from joining the enemy. The Taleban is known to pay about $10 (£5.95) a day to recruit local fighters.... Britain’s early experience of handing out cash in Afghanistan proved abortive. About £16 million in cash was given to farmers to stop them growing poppy crops for the heroin trade, which helps to fund the Taleban. The money is believed to have had little impact on the opium yields." [They tried "Danegeld" once before in their history but found that they still had to fight in the end]
British speed camera INCREASES crashes: "A motorway speed camera responsible for raking in more than a million dollars in fines has been blamed for increasing accidents since it was installed. The camera, which monitors a busy stretch of the M11 near London, results in 9000 tickets a year, but figures released by police show crashes have risen by a quarter at the site. A Freedom of Information request made by campaigners who oppose what they see as revenue-based penalty tickets also showed casualties have almost doubled since 2001 when the camera was set up. Paul Pearson, who runs motoring website penaltychargenotice.co.uk, said: 'No wonder they haven't removed the camera that is causing these accidents. 'It is just raising too much money and they clearly want to keep it there.' The data showed that in the five years before the camera was installed, there were 13 accidents and 14 casualties in the area. In the following five years, the number of accidents rose to 16 and casualties to 24." [In the usual British way "safety" is the rationale for such cameras but that is clearly not the real motive]
British rail travel: "A tour of the worst stations in the country was never going to be a glamorous or uplifting assignment. Pretty soon it turned into an exercise in extreme travel. Mine was an odyssey of wind-swept platforms and urine-soaked floors. Old ladies struggled over footbridges, travellers shivered in the elements as they waited to get home. They talked of parking rage and waiting for taxis in the rain. Many refused to use the fetid facilities. It became a journey of headaches and hunger; inedible food provided from vending machines. There was the stench of disinfectant, rubber floors that gave the feel of hospital waiting rooms, peeling paint and pigeons picking through litter. Disgrace, dismal, dreadful, dingy: just some of the words my companions used to describe the stations. Britain deserves better. Surely the country that developed the first railways should aspire to an infrastructure worthy of the 21st century, not a dilapidated relic of what it had 100 years ago? Anyone who spends enough time on our trains runs the risk of falling out of love with the railway."
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The Big Lie of the late 20th century was that Nazism was Rightist. It was in fact typical of the Leftism of its day. It was only to the Right of Stalin's Communism. The very word "Nazi" is a German abbreviation for "National Socialist" (Nationalsozialist) and the full name of Hitler's political party (translated) was "The National Socialist German Workers' Party" (In German: Nationalsozialistische Deutsche Arbeiterpartei)
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Wednesday, November 18, 2009
A soprano worth listening to:
Although there are some marvellous arias for sopranos, I usually find contraltos much more pleasant to listen to. My favourite contralto aria is "Quae moerebat et dolebat" from the Pergolesi "Stabat Mater" (See here for a beautiful rendition of it as a duet). But about an hour ago Anne and I were listening to "O mio babbino caro" from Puccini's "Gianni Schicchi" sung by Yvonne Kenny and I was rather mesmerized by her performance. Such a strong pure voice.
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Nuts
By Mark Steyn
For the purposes of argument, let's accept the media's insistence that Major Hasan is a lone crazy. So who's nuttier? The guy who gives a lecture to other military doctors in which he says non-Muslims should be beheaded and have boiling oil poured down their throats? Or the guys who say "Hey, let's have this fellow counsel our traumatized veterans and then promote him to major and put him on a Homeland Security panel? Or the Army Chief of Staff who thinks the priority should be to celebrate diversity, even unto death? Or the Secretary of Homeland Security who warns that the principal threat we face now is an outbreak of Islamophobia?
Or the president who says we cannot "fully know" why Major Hasan did what he did, so why trouble ourselves any further? Or the columnist who, when a man hands out copies of the Koran before gunning down his victims while yelling "Allahu akbar," says you're racist if you bring up his religion? Or his media colleagues who put Americans in the same position as East Germans twenty years ago of having to get hold of a foreign newspaper to find out what's going on?
General Casey has a point: An army that lets you check either the "home team" or "enemy" box according to taste is certainly diverse. But the logic in the remarks of Secretary Napolitano and others is that the real problem is that most Americans are knuckledragging bigots just waiting to go bananas. As Melanie Phillips wrote in her book Londonistan: "Minority-rights doctrine has produced a moral inversion, in which those doing wrong are excused if they belong to a 'victim' group, while those at the receiving end of their behaviour are blamed simply because they belong to the 'oppressive' majority."
To the injury of November 5, we add the insults of American officialdom and their poodle media. In a nutshell: "The real enemy — in the sense of the most important enemy — isn’t a bunch of flea-bitten jihadis sitting in a cave somewhere. It’s Western civilization’s craziness. We are setting our hair on fire and putting it out with a hammer."
SOURCE
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A trial that will betray America
In the string of amazing decisions made during the first year of the Obama administration, nothing seems more like sheer insanity than the decision to try foreign terrorists, who have committed acts of war against the United States, in federal court, as if they were American citizens accused of crimes. Terrorists are not even entitled to the protection of the Geneva Convention, much less the Constitution of the United States. Terrorists have never observed, nor even claimed to have observed, the Geneva Convention, nor are they among those covered by it.
But over and above the utter inconsistency of what is being done is the utter recklessness it represents. The last time an attack on the World Trade Center was treated as a matter of domestic criminal justice was after a bomb was exploded there in 1993. Under the rules of American criminal law, the prosecution had to turn over all sorts of information to the defense-- information that told the Al Qaeda international terrorist network what we knew about them and how we knew it.
This was nothing more and nothing less than giving away military secrets to an enemy in wartime-- something for which people have been executed, as they should have been. Secrecy in warfare is a matter of life and death. Lives were risked and lost during World War II to prevent Nazi Germany from discovering that Britain had broken its supposedly unbreakable Enigma code and could read their military plans that were being radioed in that code. "Loose lips sink ships" was the World War II motto in the United States. But loose lips are mandated under the rules of criminal prosecutions.
Tragically, this administration seems hell-bent to avoid seeing acts of terrorism against the United States as acts of war. The very phrase "war on terrorism" is avoided, as if that will stop the terrorists' war on us. The mindset of the left behind such thinking was spelled out in an editorial in the San Francisco Chronicle, which said that "Khalid Shaikh Mohammed, the professed mastermind of the 9/11 terrorist attacks, will be tried the right way-- the American way, in a federal courtroom where the world will see both his guilt and the nation's adherence to the rule of law." This is not the rule of law but the application of laws to situations for which they were not designed.
How many Americans may pay with their lives for the intelligence secrets and methods that can forced to be disclosed to Al Qaeda was not mentioned. Nor was there mention of how many foreign nations and individuals whose cooperation with us in the war on terror have been involved in countering Al Qaeda-- nor how many foreign nations and individuals will have to think twice now, before cooperating with us again, when their role can be revealed in court to our enemies, who can exact revenge on them.
Behind this decision and others is the notion that we have to demonstrate our good faith to other nations, sometimes called "world opinion." Just who are these saintly nations whose favor we must curry, at the risk of American lives and the national security of the United States?
Internationally, the law of the jungle ultimately prevails, despite pious talk about "the international community" and "world opinion," or the pompous and corrupt farce of the United Nations. Yet this is the gallery to which Barack Obama has been playing, both before and after becoming President of the United States.
More HERE
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Five Terrible Cruelties of Liberalism
Liberalism is an extraordinarily deceptive, ruinous and cruel ideology. That's because liberalism comes, arms wide open, whispering sweet words of compassion and pity, even as it forcefully slams down a boot upon the neck of people it's "helping." It's bad enough to see people's lives ruined by those who make no pretense about their intentions, but to see human beings destroyed by those who claim to have only their best interests at heart...well, let's just say it's a hell of a thing.
What liberalism does to minorities: Liberalism falsely convinces minorities in America that they are widely hated and despised for their skin color. How terrible it must be to spend your days seeing racial slights that don't exist, feeling despised by people who don't give you a second thought, and expecting that you will be treated unfairly by people, most of whom think no more of your skin color than they do the color of the carpet they're standing on.
Believing these lies leads to a sense of victimhood that liberalism offers to "fix" with more destructive solutions like Affirmative Action. How many white Americans have doubted the achievement of a black American because of Affirmative Action? How many black Americans have doubted their own worthiness because they thought they may have been given a helping hand because of their race? How many black college students who would have graduated with honors at UNC-Chapel Hill flunked out of Harvard because Affirmative Action got them into a college that was over their head? In the wildest dreams of the Ku Klux Klan, they could have never come up with an ideology as deviously destructive to minorities in America as liberalism.
What liberalism does to children: One of the great ironies of modern life is the constant liberal refrain of "do it for the children." That's true, not only because liberalism is directly responsible for the death of more than 40 million children via abortion, but because liberal policies have descended like a plague of locusts upon the inheritance that America's sons and daughters would have otherwise received. Generations after everyone who went to Woodstock is in the ground, Americans will still be paying off their spending. What better thing could we do for the children than to safeguard the country we grew up in so that they'll have an opportunity to live the American dream, too?
What liberalism does to Africa: Liberalism's smothering paternalism has arguably done considerably more damage to Africa than European colonialism. "The Western world has given Africa 'about a trillion dollars in aid in the past 50 years' and yet as a whole, the continent could be fairly said to have gone backwards over the last 10-15 years." Obviously our aid is doing little for Africa, but we can't stop, even if it would be better for them to learn to stand on their own two feet, because liberalism says it’s better to ruin millions of lives than to risk making liberals feel bad.
If only liberalism similarly prioritized the lives of African children over those of song birds. In another great irony, it's conservatives who argue that DDT should be used in Africa to kill mosquitoes and wipe out malaria, while liberals are willing to watch millions die because they're afraid that to do otherwise -- might put a few birds at risk.
What liberalism has done to the American family: Oh, the intentions are always good...so liberalism says. They just don't want anyone to feel bad or be judged negatively. They want everyone to have a good time and they believe the government should be there to pick up the pieces if things don't go well. So, we get...
Welfare checks. Gay marriage. No fault divorce. The sexual revolution. Attacks on Christianity. Lauding hedonism and single mothers in Hollywood. "A woman needs a man like a fish needs a bicycle."
But, when inevitably divorce rates skyrocket, our prisons fill up with children who never had fathers living in the home, and our society starts to fray around the edges, no one wants to admit that liberalism is at the heart of the entire problem.
What liberalism does to the poor: What mother dreams that her child will grow up to be on food stamps? What decent father wants to see his son eating free breakfast at school? How can you care about a person and want to see him living in a government housing project, collecting welfare, and nursing a grudge against the people in our society who have succeeded in life, instead of trying to become a success himself?
Liberalism says its adherents should pat themselves on the back for their compassion because they're making it possible for people to live that way. How many men's pride have they stolen with that "compassion?" How many lives has that "compassion" helped mire in misery? How many people, who could have made good lives for themselves, in the end, became dependent on the government and chose lives of mediocrity? If someone views that as "compassion," then his moral compass is shattered.
SOURCE
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ELSEWHERE
I mentioned recently that I had updated my pictorial homepage -- a page which is mainly for fun. I have now done a bit more and updated my personal homepage. I also have a more boring academic home page. I think one thing you will note in my homepages is general good cheer. I see lots to criticize in the world about me but I leave the whining and miserabilism to Leftists.
Obama bow a low blow, say critics: "Photos of Barack Obama bowing to Japan's emperor have incensed critics in the US, who said the President should stand tall when representing America overseas. Mr Obama is in China, having wrapped up the Japan leg of his Asia trip. But Washington commentators are still weighing whether or not the US president disgraced his country by making a deep bow at the waist while meeting Japan's Emperor Akihito. Conservative pundit William Kristol said: "I don't know why President Obama thought that was appropriate. Maybe he thought it would play well in Japan. "But it's not appropriate for an American president to bow to a foreign one." He told the Fox News Sunday program the gesture spoke of a United States that had become weak and overly-deferential under Mr Obama. Another conservative voice, Bill Bennett, said on CNN's State of the Union program: "It's ugly. I don't want to see it. "We don't defer to emperors. We don't defer to kings or emperors. The president of the United States - this coupled with so many apologies from the United States - is just another thing." Some conservative critics juxtaposed the image of Mr Obama with one of former US vice president Dick Cheney, who greeted the emperor in 2007 with a firm handshake but no bow."
GOP weighs filibuster of anti-Christian judge appointment: "Republicans who decried Democrats' filibusters of President George W. Bush's judicial nominees are debating whether they should use the same tactic against one of President Obama's nominees, a candidate who they say has an antipathy toward Christianity and pro-life legislation. With conservative activists cheering them on, some Republicans said Democrats set a new standard by filibustering nine of Mr. Bush's appeals court nominees and said Republicans will have the chance to turn the tables on one of Mr. Obama's own appeals court nominees. "The new rule is filibusters are legitimate, but only if there are extraordinary circumstances," said Sen. Jeff Sessions of Alabama, the top Republican on the Senate Judiciary Committee, who said he'll vote to block Judge David Hamilton for the Chicago-based U.S. Court of Appeals for the 7th Circuit. "That's where we are." A vote on Judge Hamilton, currently the chief judge of the U.S. District Court for the Southern District of Indiana, is expected Tuesday afternoon."
Obama will push additional tax hikes next year: "Buried in this Friday story on Obama's future plans is a curious statement, attributed to White House Budget Director Peter Orszag, which didn't get nearly enough attention: Orszag has said the spending blueprint, for the budget year that begins Oct. 1, 2010, would put the nation "back on a fiscally sustainable path" and suggested it would include a mix of spending cuts and new revenue-producing measures. "New revenue-producing measures." In other words, more tax increases -- increases beyond the dozen or so that are already planned in the health care reform package. President Obama's advisors understand that they have to counter the perception that deficit spending is out of control. But that doesn't mean Americans want to pay higher taxes."
Taxpayers on hook as some bailed-out firms prove frail: "A year ago, the financial system was tottering and government officials arranged a $2.3 billion emergency cash infusion into CIT Group, a troubled lender to small businesses. Today, CIT is in bankruptcy court, and the taxpayers’ investment is on the brink of being wiped out. It would be the largest loss so far from the government’s massive rescue of the financial system, but it isn’t likely to be the last.”
Why drug makers are raising prices: "In the last year, the industry has raised the wholesale prices of brand-name prescription drugs by about 9 percent, according to industry analysts. That will add more than $10 billion to the nation’s drug bill, which is on track to exceed $300 billion this year. By at least one analysis, it is the highest annual rate of inflation for drug prices since 1992. The drug trend is distinctly at odds with the direction of the Consumer Price Index, which has fallen by 1.3 percent in the last year. Drug makers say they have valid business reasons for the price increases. Critics say the industry is trying to establish a higher price base before Congress passes legislation that tries to curb drug spending in coming years.”
ACORN considering bankruptcy: "As its financial resources dwindle, radical advocacy group and organized crime syndicate ACORN may have to file for bankruptcy protection before Christmas, ACORN insiders say. "They may have to file for bankruptcy if they don't have several big pending grants approved or get emergency loans," a highly placed ACORN source told me over the weekend. This information bolsters Rep. Darrell Issa's (R-Calif.) claim last week that ACORN is in turmoil amidst internal power struggles and on the verge of bankruptcy. Given that ACORN is a network of hundreds of affiliated nonprofits, it's not exactly clear how a bankruptcy filing would work, but the idea is under serious consideration by ACORN's leadership. It was discussed at length at the group's most recent national board meeting, which took place in the suburbs of Washington, D.C., during the Oct. 14-15 weekend, ACORN sources told me. But even if ACORN were to go bankrupt, that doesn't mean it would disappear. ACORN may dissolve and then re-emerge as a new organization, the group's lawyer Arthur Z. Schwartz says. As of Nov. 11, ACORN and its affiliates owed at least $2,328,596 in long overdue back taxes to all levels of government."
NOW President O’Neill Slams Catholic Bishops: "Terry O’Neill, president of the National Organization for Women, accused Catholic bishops of “smelling blood” and deciding to get involved as backers of the Stupak-Pitts Amendment. She added that their actions to remove abortion coverage from health care legislation recently approved by the U.S. House of Representatives equates to overturning Roe v. Wade. Of course, O’Neill isn’t one to let truth get in the way of her feminist viewpoints. She made that clear while speaking before a group of single-payer health care advocates during the opening session of the 2009 Healthcare-Now.org National Strategy Conference Saturday in St. Louis."
My Twitter.com identity: jonjayray. My Facebook page is also accessible as jonjayray (In full: http://www.facebook.com/jonjayray). For more blog postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, SOCIALIZED MEDICINE, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena
List of backup or "mirror" sites here or here -- for readers in China or for everyone when blogspot is "down" or failing to update. Email me here (Hotmail address). My Home Pages are here or here or here
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The Big Lie of the late 20th century was that Nazism was Rightist. It was in fact typical of the Leftism of its day. It was only to the Right of Stalin's Communism. The very word "Nazi" is a German abbreviation for "National Socialist" (Nationalsozialist) and the full name of Hitler's political party (translated) was "The National Socialist German Workers' Party" (In German: Nationalsozialistische Deutsche Arbeiterpartei)
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Tuesday, November 17, 2009
Obama's psychopathic detachment
I never thought I would find myself wistfully remembering President Clinton and wishing he were still around to inject some heart into the Oval Office (I know, I know, he may have injected some other things as well). However, after listening to President Obama's passionless words in poignant moments over the past ten months, I now yearn to hear the oratory of President Clinton. After Obama's reactions and comments to the Islamic massacre at Ft. Hood, I could only remember the good old days when our president inspired us and spoke passionately after a tragedy like the Oklahoma City bombing. At least when President Clinton spoke, you knew he cared about the people he addressed.
Obama's poor crisis leadership skills revealed themselves in June when Abdulhakim Mujahid Muhammad murdered Private William Long outside a military recruiting center in Little Rock. Two full days passed without even a word from the president. Finally, President Obama issued a terse statement of “sadness” and never mentioned the incident again. Quite a contrast to his swift, strongly worded response and his statement of “shock” and “outrage” at the “heinous” murder of abortion doctor, George Tiller, just days before in Wichita, Kansas.
In August, at the funeral for Sen. Ted Kennedy, again President Obama's coldness and aloofness raised red flags. Others, like Peggy Noonan, have also noted Obama's cold distance as he arrived, nodded, shook hands and spoke to the family and friends of the Kennedys. In watching the funeral, I was struck by how the president could simultaneously be so completely appropriate and so emotionally vacant. He was polite to be sure, but exhibited a total absence of warmth.
Last week, in his remarks via telecast, at the twentieth anniversary of the fall of the Berlin Wall, President Obama recognized no other presidents before himself and also failed to mention either Margaret Thatcher or Pope John Paul II . Worse still, he failed even to utter the words “communism,” or the “Soviet Union,” or “Russia.” A major moment arrives, the president speaks, and he whiffs entirely. He exhibits no knowledge of history, no sense of poignancy or America's contribution to the world, and no passion for the freedoms that arrived with the fall of the wall. An utterly cold and vacuous moment.
Finally, the Islamic massacre at Ft. Hood occurs, and President Obama's initial instincts are to warn us all “not to jump to conclusions.” He urges us to react in direct contrast to his own hasty reaction in Gates-gate at Cambridge, and his comments there that the police “acted stupidly.” More strikingly, Obama is unable to state the simple, obvious truth: we have had another incidence of Islamic terror on our own soil. Islamic terror does not occur in a vacuum; jumping to conclusions is very different from reading the pattern of having 63 other Muslim men charged, convicted, or sentenced on terror in our own country just in 2009. Obama again totally misses the point. His trademark coolness belies a glaring ignorance of the matter at hand and his total lack of passion for the American people.
Worse still, his remarks at the memorial service at Ft. Hood fell flat. Does anyone remember a word he said? Years later, I can still remember the warmth and grace exhibited by President Clinton in the aftermath of Oklahoma City. In contrast, Obama's presence and comments at Ft. Hood were utterly forgettable. He failed to show up emotionally in any way. Were one to listen to the president's comments regarding the terror deaths of 13 Americans on an American military base at the hands of an Islamic jihadist, one would notice no difference whatsoever in modulation, tone, or posture from any other speech he has ever given. They have all begun to sound the same. He is everywhere, speaking on everything, and thereby speaking on nothing. No one listens anymore. He speaks as if he is just passing through, a mere observer on the events of life. The hollowness is unsettling.
All in all, Obama's impassioned speeches are reserved for fund-raisers and for healthcare addresses, for which he has no shortage of energy. Line up a pile of dead Americans, and he can barely muster an inflection or an exclamation point. Fill the room with wealthy donors, and the man comes alive. For a mercenary, that may be an admirable thing, but for a president, the vacancy is disturbing.
SOURCE
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U.S. troops battle both Taliban and their own rules
Army Capt. Casey Thoreen wiped the last bit of sleep from his eyes before the sun rose over his isolated combat outpost. His soldiers did the same as they checked and double-checked their weapons and communications equipment. Ahead was a dangerous foot patrol into the heart of Taliban territory. "Has anyone seen the [Afghan National Army] guys?" asked Capt. Thoreen, 30, the commander of Blackwatch Company, 2nd Battalion, 1st Infantry Regiment with the 5th Stryker Brigade. "Are they not showing up?" A soldier, who looked ghostly in the reddish light of a headlamp, shook his head.
"We can't do anything if we don't have the ANA or [the Afghan National Police]," said a frustrated Capt. Thoreen. "We have to follow the Karzai 12 rules. But the Taliban has no rules," he said. "Our soldiers have to juggle all these rules and regulations and they do it without hesitation despite everything. It's not easy for anyone out here." "Karzai 12" refers to Afghanistan's newly re-elected president, Hamid Karzai, and a dozen rules set down by Gen. Stanley A. McChrystal, the commander of U.S.-led forces in Afghanistan, to try to keep Afghan civilian casualties to a minimum. "It's a framework to ensure cultural sensitivity in planning and executing operations," said Capt. Thoreen. "It's a set of rules and could be characterized as part of the ROE," he said, referring to the rules of engagement.
Dozens of U.S. soldiers who spoke to The Washington Times during a recent visit to southern Afghanistan said these rules sometimes make a perilous mission even more difficult and dangerous. Many times, the soldiers said, insurgents have escaped because U.S. forces are enforcing the rules. Meanwhile, they say, the toll of U.S. dead and injured is mounting.
More HERE
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Media's Long Knives Unsheathed on Palin
The long knives of the media have truly been unsheathed for Sarah Palin of late. Exhibit A: demonstrating all the class and balance of its owner Al Gore, the failing "Current TV" network slimed the erstwhile Vice Presidential candidate with some genuinely nasty references. Days after announcing another huge layoff, Al Gore's Current TV referred to former Alaska Governor Sarah Palin as a "Gun-Ho" and a "TWILF."
These disgraceful, sexually-charged epithets were part of an attack on prominent conservatives such as Rush Limbaugh and Glenn Beck, and came in the form of a cartoon ironically titled "The Stupid Virus"... In the end, this was just a lot of conservative bashing in very bad taste, especially the shot of Palin's Twitter page and her astonishingly offensive screen name "Gun-Ho".
Given that Current TV's Nielsen ratings fall somewhere between airport radar and sonograms, this sort of attack is as feeble as it is distasteful.
And I'll patiently await the cries of protest from the National Organization of Women and other groups that claim to protect the fair treatment of women.
Exhibit B: The dying periodical Newsweek offered its own form of attack, helpfully informing the Republican Party that Palin is "bad news".
As for "bad news for everybody else," Palin is obviously "bad news" that people are hungry for. Palin’s book is going bonkers on the bestseller list and is proving to be one of the best stimulus programs the book industry has had in a good while — and Newsweek’s subscription rate is falling and they’re laying off employees by the dozen.
The only immediate “bad news” is for Newsweek — and when they do gratuitiously negative pieces on a figure who is looked up to by a demographic that spends a fortune on books… not to mention magazines, Newsweek’s death spiral makes all the more sense. This is why the mainstream newspaper business is dying too — you simply can’t dismiss a huge slice of the news consuming public with your bias without ultimately suffering economically.
Never mind that a woman -- who fought corruption both inside and outside her own party, managed a multi-billion-dollar oil deal, ran an entire state government and was suddenly thrust into the national spotlight -- became an overnight political sensation. Never mind that she attracts immense crowds wherever she goes.
She is despised by the Left for two reasons named Charlie Gibson and Katie Couric, who sandbagged Palin with interviews that were shocking in their naked attempts to humiliate the Governor.
Simply compare and contrast Gibson's interview questions for Barack Obama and those for Sarah Palin. Gibson's Interview Questions for Obama:
• How does it feel to break a glass ceiling?
• How does it feel to “win”?
• How does your family feel about your “winning”, breaking a glass ceiling?
• Who will be your VP?
• Should you choose Hillary Clinton as VP?
• Will you accept public finance?
• What issues is your campaign about?
• Will you visit Iraq?
• Will you debate McCain at a town hall?
• What did you think of your competitor’s [Clinton's] speech?
Gibson's Interview Questions for Palin:
• Do you have enough qualifications for the job you’re seeking?
• Specifically have you visited foreign countries and met foreign leaders?
• Aren’t you conceited to be seeking this high level job?
• Questions on foreign policy...
• ...territorial integrity of Georgia
• ...allowing Georgia and Ukraine to be members of NATO
• ...NATO treaty
• ...Iranian nuclear threat
• ...what to do if Israel attacks Iran
• ...Al Qaeda motivations
• ...the Bush Doctrine
• ...attacking terrorists harbored by Pakistan
• ...Is America fighting a holy war? [misquoted Palin]
Charlie Gibson and Katie Couric both intentionally attacked Palin with questions designed to embarrass. Had Obama been queried with the same devious intentions, he'd have been reduced to the blubbering teleprompter-less soul we saw yesterday in Japan.
When confronted with the question of whether the U.S. did the right thing in bombing Hiroshima and Nagasaki, his response was "stumbling and ill-prepared." One need only watch the video to appreciate how pathetic his performance was, not to mention the fact that he -- once again -- refused to stick up for his own country.
It is clear that had Gibson and Couric attacked Obama with similar vigor, the Presidential candidate would have been reduced to the "Homina, homina, homina" filibuster he employs when his teleprompter takes its occasional cigarette break.
And here's something else to consider: The fear and anxiety that Sarah Palin generates among the elitist snobs of the Left is truly something to behold. It reminds me of the insecurity and animosity they once reserved for the former Hollywood actor, Ronald Reagan.
SOURCE (See the original for links & graphics)
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ELSEWHERE
Eleven AP Reporters Turn Up Little in Palin 'Fact Check': "The Associated Press recently assigned eleven of its writers to fact-check Sarah Palin's new book "Going Rogue." AP's team of truth-seekers only found six errors the former Alaska Governor's book, most of which were trivial and presumably not worth the time of a team of reporters. "AP writers Matt Apuzzo, Sharon Theimer, Tom Raum, Rita Beamish, Beth Fouhy, H. Josef Hebert, Justin D. Pritchard, Garance Burke, Dan Joling and Lewis Shaine contributed to this report", reads the sign-off of Calvin Woodward's fact-check. Even with this impressively large crew, the AP seemed to stretch to find objectionable statements in "Going Rogue"."
MSNBC Uses Fake, ‘Sexy’ Photos of Sarah Palin on Air: "On Friday's edition of Morning Meeting, host Dylan Ratigan featured fake photos of Sarah Palin during a mocking segment on why Americans are fascinated with the former vice presidential candidate. While listing the show’s top ten reasons, Ratigan showed a doctored photo of Palin’s head on the bikini-clad body of a woman holding a weapon. The host never admitted or addressed the fact that his network was passing off counterfeit pictures to his viewers. Earlier in the segment, Ratigan displayed an image of Palin in a short, black mini-skirt. This photo is also not real. MSNBC should immediately apologize for presenting such false information." [How they hate her!]
Obama kisses — not kicks — ass in Asia: "When prices rise steeply month-after-month, a buying panic will set in. People will hoard and scarcities will occur. I don’t know exactly how the American government will react; all I know is how other governments in the past have reacted — e.g. rationing of some commodities, anti-hoarding laws, devaluation of the dollar, seizing of banks, the outlawing of gold, etc. I do not mean to be a Chicken Little and I take no pleasure in wearing the costume but no other economic scenario makes sense to me given the perfect storm that is now brewing around the dollar. The American government has only 2 basic ways to forestall the downpour. It can print more money, which will make the collapse more brutal but which may ‘kick the can down the road.’ (I’m hearing that phrase more and more these days.) Or it can induce others — especially governments — to buy more American debt. Predictably, the Obama administration is doing both.”
Castros afraid of the truth: "Paz y amor. Peace and love. That was the message that 200 young people chanted in Havana while holding placards calling for ‘no more violence’ as passing cars honked their horns. Not among them: Cuban blogger Yoani Sanchez, who was on her way to the Friday demonstration when she and another blogger, Orlando Luis Pardo, were hauled into a car by three men, likely state security agents. The pair was dragged into the car, beaten black and blue in the head and chest before being dumped miles away from the demonstration as if they were trash. (You can watch a short video of the protest at http://desdecuba.com/generationy/) In a Sunday blog post, Ms. Sanchez, who is walking with a crutch because of back pain post beating, summed up the ‘blame the victim’ attitude that permeates after 50 years of dictatorship: ‘The dozens of eyes that watched as Orlando and I were forced into a car with blows would prefer not to testify, and so they put themselves on the side of the criminal.’”
That good ol' double standard: "If politicians stopped meddling with things they don’t understand, there would be a more drastic reduction in the size of government than anyone in either party advocates. It was fascinating to see Barack Obama warning us not to leap to conclusions about the killings at Fort Hood, Texas — after the way he leaped to conclusions over the arrest of Henry Louis Gates, when he knew less about the facts than we already know about the massacre at Fort Hood.”
We can’t sit back and allow the loss of our freedoms: "We elect the government. It works for us. As we watch the Democrats’ plans for health care take shape, we can only ask how did our government get so removed, so unbridled, so arrogant that it can tell us how to live our personal lives? Last Saturday, at 11 o’clock in the evening, the House of Representatives voted by a five vote margin to have the federal government manage the health care of every American at a cost of $1 trillion dollars over the next ten years.”
There is a new lot of postings by Chris Brand just up -- on his usual vastly "incorrect" themes of race, genes, IQ etc.
My Twitter.com identity: jonjayray. My Facebook page is also accessible as jonjayray (In full: http://www.facebook.com/jonjayray). For more blog postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, SOCIALIZED MEDICINE, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena
List of backup or "mirror" sites here or here -- for readers in China or for everyone when blogspot is "down" or failing to update. Email me here (Hotmail address). My Home Pages are here or here or here
****************************
The Big Lie of the late 20th century was that Nazism was Rightist. It was in fact typical of the Leftism of its day. It was only to the Right of Stalin's Communism. The very word "Nazi" is a German abbreviation for "National Socialist" (Nationalsozialist) and the full name of Hitler's political party (translated) was "The National Socialist German Workers' Party" (In German: Nationalsozialistische Deutsche Arbeiterpartei)
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Monday, November 16, 2009
Obama and 'The Great I Am'
by Jeff Jacoby
PRESIDENT OBAMA was too busy to attend the celebrations in Germany this week marking the fall of the Berlin Wall 20 years ago. But he did appear by video, delivering a few brief and bloodless remarks about how the wall was "a painful barrier between family and friends" that symbolized "a system that denied people the freedoms that should be the right of every human being." He referred to "tyranny," but never identified the tyrants -- he never uttered the words "Soviet Union" or "communism," for example. He said nothing about the men and women who died trying to cross the wall. Nor did he mention Harry Truman or Ronald Reagan -- or even Mikhail Gorbachev.
He did, however, talk about Barack Obama. "Few would have foreseen," declared the president, "that a united Germany would be led by a woman from [the former East German state of] Brandenburg or that their American ally would be led by a man of African descent. But human destiny is what human beings make of it."
As presidential rhetoric goes, this was hardly a match for "Ich bin ein Berliner," still less another "Mr. Gorbachev, tear down this wall." But as a specimen of presidential narcissism, it is hard to beat. Obama couldn't be troubled to visit Berlin to commemorate a momentous milestone in the history of human liberty. But he was glad to explain to those who were there why reflections on that milestone should inspire appreciation for the self-made "destiny" of his own rise to power.
Was there ever a president as deeply enamored of himself as Barack Obama? The first President Bush, taught from childhood to shun what his mother called "The Great I Am," regularly instructed his speechwriters not to include too many "I's" in his prepared remarks. Ronald Reagan maintained that there was no limit to what someone could achieve if he didn't mind who got the credit. George Washington, one of the most accomplished men of his day, said with characteristic modesty on becoming president that he was "peculiarly conscious of his own deficiencies."
Obama, on the other hand, positively revels in The Great I Am. "I think that I'm a better speechwriter than my speechwriters," he told campaign aides when he was running for the White House. "I know more about policies on any particular issue than my policy directors. And I'll tell you right now that . . . I'm a better political director than my political director."
At the start of his presidency, Obama seemed to content himself with the royal "we" -- "We will build the roads and bridges . . . We will restore science to its rightful place . . . We will harness the sun and winds," he declaimed at his inauguration.
But as the literary theorist Stanley Fish points out, "By the time of the address to the Congress on Feb. 24, the royal we [had] flowered into the naked 'I': 'As soon as I took office, I asked this Congress.' 'I called for action.' 'I pushed for quick action.' 'I have told each of my cabinet.' 'I've appointed a proven and aggressive inspector general.' 'I refuse to let that happen.' 'I will not spend a single penny.' 'I reject the view that says our problems will simply take care of themselves.' 'I held a fiscal summit where I pledged to cut the deficit in half.'" In his speech on the federal takeover of GM, Obama likewise found it necessary to use the first-person singular pronoun 34 times. ("Congress" he mentioned just once.)
At this rate, it won't be long before the president's ego is so inflated that it will require a ZIP code of its own. Then again, how modest would any of us be if we were as magnificent as Obama knows himself to be? "I am well aware," he told the UN General Assembly of the expectations that accompany my presidency around the world." in September, "
In 1860, writes Doris Kearns Goodwin in her celebrated biography Team of Rivals, an author wishing to dedicate his forthcoming work to Abraham Lincoln received this answer: "I give the leave, begging only that the inscription may be in modest terms, not representing me as a man of great learning, or a very extraordinary one in any respect."
Obama has often claimed Lincoln as a role model. Apparently it only goes so far.
SOURCE
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Leftist fauxtography goes back a long way
According to Robert Hughes, author of "The Shock of the New" (1980), during World War I's nation-shattering and culture-shredding carnage, no photograph of a dead soldier appeared in a German, French or British newspaper. But the Sept. 23, 1936, issue of the French magazine Vu published (as did Life magazine 10 months later) what became perhaps the century's iconic photograph -- "Falling Soldier." It was taken by, and launched the remarkable career of, a 22-year-old Hungarian refugee from fascism, photographer Robert Capa.
It supposedly shows a single figure, a loyalist -- that is, anti-fascist -- soldier, at the instant of death from a bullet fired by one of Franco's soldiers. The soldier is falling backward on a hillside, arms outstretched, his rifle being flung from his right hand. This was, surely, stunning testimony to photography's consciousness-raising and history-shaping truth-telling, the camera's indisputable accuracy, its irreducibly factual rendering of reality, its refutation of epistemological pessimism about achieving certainty based on what our eyes tell us.
Probably not. A dispute that has flared intermittently for more than 30 years has been fueled afresh, and perhaps settled, by a Spanish professor who has established that the photo could not have been taken when and where it reportedly was -- Sept. 5, 1936, near Cerro Muriano. The photo was taken about 35 miles from there. The precise place has been determined by identifying the mountain range in the photo's background. The professor says there was no fighting near there at that time, and concludes that Capa staged the photo.
More HERE
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Medicalizing Mass Murder
by Charles Krauthammer
What a surprise -- that someone who shouts "Allahu Akbar" (the "God is great" jihadist battle cry) as he is shooting up a room of American soldiers might have Islamist motives. It certainly was a surprise to the mainstream media, which spent the weekend after the Fort Hood massacre downplaying Nidal Hasan's religious beliefs.
"I cringe that he's a Muslim. ... I think he's probably just a nut case," said Newsweek's Evan Thomas. Some were more adamant. Time's Joe Klein decried "odious attempts by Jewish extremists ... to argue that the massacre perpetrated by Nidal Hasan was somehow a direct consequence of his Islamic beliefs." While none could match Klein's peculiar cherchez-le-juif motif, the popular story line was of an Army psychiatrist driven over the edge by terrible stories he had heard from soldiers returning from Iraq and Afghanistan.
They suffered. He listened. He snapped. Really? What about the doctors and nurses, the counselors and physical therapists at Walter Reed Army Medical Center who every day hear and live with the pain and the suffering of returning soldiers? How many of them then picked up a gun and shot 51 innocents?
And what about civilian psychiatrists -- not the Upper West Side therapist treating Woody Allen neurotics, but the thousands of doctors working with hospitalized psychotics -- who every day hear not just tales but cries of the most excruciating anguish, of the most unimaginable torment? How many of those doctors commit mass murder? It's been decades since I practiced psychiatry. Perhaps I missed the epidemic.
But, of course, if the shooter is named Nidal Hasan, whom National Public Radio reported had been trying to proselytize doctors and patients, then something must be found. Presto! Secondary post-traumatic stress disorder, a handy invention to allow one to ignore the obvious.
And the perfect moral finesse. Medicalizing mass murder not only exonerates. It turns the murderer into a victim, indeed a sympathetic one. After all, secondary PTSD, for those who believe in it (you won't find it in DSM-IV-TR, psychiatry's Diagnostic and Statistical Manual), is known as "compassion fatigue." The poor man -- pushed over the edge by an excess of sensitivity.
Have we totally lost our moral bearings? Nidal Hasan (allegedly) cold-bloodedly killed 13 innocent people. In such cases, political correctness is not just an abomination. It's a danger, clear and present.
Consider the Army's treatment of Hasan's previous behavior. NPR's Daniel Zwerdling interviewed a Hasan colleague at Walter Reed about a hair-raising Grand Rounds that Hasan had apparently given. Grand Rounds are the most serious academic event at a teaching hospital -- attending physicians, residents and students gather for a lecture on an instructive case history or therapeutic finding.
I've been to dozens of these. In fact, I gave one myself on post-traumatic retrograde amnesia -- as you can see, these lectures are fairly technical. Not Hasan's. His was an hour-long disquisition on what he called the Koranic view of military service, jihad and war. It included an allegedly authoritative elaboration of the punishments visited upon nonbelievers -- consignment to hell, decapitation, having hot oil poured down your throat. This "really freaked a lot of doctors out," reported NPR.
Nor was this the only incident. "The psychiatrist," reported Zwerdling, "said that he was the kind of guy who the staff actually stood around in the hallway saying: Do you think he's a terrorist, or is he just weird?" Was anything done about this potential danger? Of course not. Who wants to be accused of Islamophobia and prejudice against a colleague's religion? One must not speak of such things. Not even now. Not even after we know that Hasan was in communication with a notorious Yemen-based jihad propagandist. As late as Tuesday, The New York Times was running a story on how returning soldiers at Fort Hood had a high level of violence.
What does such violence have to do with Hasan? He was not a returning soldier. And the soldiers who returned home and shot their wives or fellow soldiers didn't cry "Allahu Akbar" as they squeezed the trigger.
The delicacy about the religion in question -- condescending, politically correct and deadly -- is nothing new. A week after the first (1993) World Trade Center attack, the same New York Times ran the following front-page headline about the arrest of one Mohammed Salameh: "Jersey City Man Is Charged in Bombing of Trade Center." Ah yes, those Jersey men -- so resentful of New York, so prone to violence.
SOURCE
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ELSEWHERE
There is Obama toilet paper in Japan. See above
Putting terrorists on trial in NYC?: "On Cavuto this evening, Rudy Giuliani underscored the obvious. We tried prosecuting terrorists as criminals after the first World Trade Center attack in 1993. It got us the second attack. What is it that the Obama doesn’t understand about the word “war?” How can he wish to inflict this nightmare on the families of 9/11 and the City of New York? Senator Sestack on Fox this morning was absolutely pathetic, meandering on about how we need to defend our “ideals” and therefore try terrorists as though they were American citizens gone wild. No we don’t. Foreigners who hate us so much they are willing to kill tens of thousands of indiscriminately at a clip need to be tried as enemies of our country not as ordinary perps. This decision coming on the heels of the collective blindness of Democrats and so-called liberals to the obvious fact that Major Hasan’s atrocity was an act of war sends a message to the rest of us that is both ugly and alarming: 0ur commander in chief and his lieutenants at Justice and Homeland Security present a danger to all of us unlike any we have ever faced from domestic sources. The days ahead are uncharted and will not be pretty."
Palin retakes center stage on book tour: "This time, she makes her public entrance as the headliner, not the pretty and vivacious warm-up act that brought bounce and backlash to the 2008 McCain presidential campaign. As Sarah Palin re-emerges onto the national stage with a new book and a tour to promote it, the polarizing one-time vice presidential candidate gets to sell her story her way. Even the book's title, "Going Rogue," suggests that after delivering messages under the careful watch of Republican handlers a year ago, she's now calling her own shots as she travels the nation to set up what some say is a certain run for the White House in 2012. Even as some on the left attack her credibility, others say that to dismiss her as a political flash in the pan would be folly. No other veep candidate in recent decades, they say, has generated such ongoing fascination. "Sarah Palin may be the one rock star that the Republican Party has for the moment," says Larry Jacobs, the director of the Center for the Study of Politics and Governance at the University of Minnesota. He cites the intense demand for her at national fundraising events as "a symbol of her potency and potential as a presidential candidate."
Breathtaking -- And Not in a Good Way: "This report from Politico discusses President Obama's plans to theme his State of the Union address around cutting the deficit. What jumps out is the following gasp-inducing statistic: Obama has spent more money on new programs in nine months than Bill Clinton did in eight years, pushing the annual deficit to $1.4 trillion. Given this fact, the push for "fiscal responsibility" that the President is going to talk-talk-talk (and talk some more) about is a joke. Really care about not exploding the deficit? There are two easy ways to avoid it: (1) Redirect the unspent "stimulus" money to payroll tax cuts. That will have the added benefit of actually stimulating employment. (2) Call off plans to jam a mind-bogglingly expensive, freedom-stealing, unpopular health care "reform" down the American people's throats."
Irwin Stelzer: Dollar outlook isn't golden: "Buy gold," we are told by no less an authority than G. Gordon Liddy. "It's value has never gone to zero", says an official once in charge of America's gold hoard, including the bars stored at Fort Knox. Why investors should find that reassuring is not obvious, but never mind. They have bid the price steadily up past the $1,100-per-ounce mark, from around $270 at the beginning of this decade, and about $700 when the current crisis in financial markets hit the value of stocks and property. And a very rich and very shrewd investor is telling friends that he expects the current price to more than double in the next five years. It seems that investors, or at least many of them, have decided that the Obama administration and the Bernanke Fed are combining to depreciate the dollar, the former willingly to encourage exports, the latter warily. Talk of the devaluing of other nations' paper currencies at one time produced a flight to the dollar, deemed safe from the depredations of rulers trying to shore up their struggling economies by printing money. But times have changed. There is now so little faith in the value of the dollar that investors are fleeing to Brazilian reals and Russian rubles...."
CNN’s War on Lou Dobbs: "Accuracy in Media's blogs have already acknowledged Lou Dobbs' resignation from CNN, but the story here requires a little more delving. Reading about the situation, I cannot help but remember someone else's recent resignation-which turned out to have a lot more behind it. As it turns out, leftist organizations such as the Southern Poverty Law Center (SPLC) and Media Matters have been working hard to get Dobbs off the air for months. On July 24, 2009, SPLC President Richard Cohen wrote to CNN President Jonathan Klein to complain that Dobbs was "questioning" the verity of President Obama's birth certificate and "push[ing] racist conspiracy theories [and] defamatory falsehoods about immigrants." On the other hand, Media Matters' George Soros funded the Drop Dobbs website, which since September 2009 has been featuring charming pages on Dobb's "History of Hate." This Drop Dobbs campaign has been taken up by a number of radical organizations, including the National Council of La Raza, and the Center for New Community. For those who don't know, La Raza is a far left, racist radical group."
Time to be Heard: Black Conservatives Speak Out: "Glenn Beck's Fox show ran a kind of special today that you will not see anywhere else. In the episode, entitled "Time to be Heard", Beck and his audience presented a portrait of black conservatives in America. Watch the full episode at the link, courtesy of Fox News Channel"
Terrorists smuggle fatwas out of "secure" British prisons: "Some of Britain’s most dangerous Al-Qaeda leaders are promoting jihad from inside high-security prisons by smuggling out propaganda for the internet and finding recruits. In an authoritative report, Quilliam, a think tank funded by the Home Office, claims “mismanagement” by the Prison Service is helping AlQaeda gain recruits and risks “strengthening jihadist movements”. Abu Qatada, described by MI5 as “Osama Bin Laden’s right-hand man in Europe”, has published fatwas — religious rulings — on the internet from Long Lartin prison, in Worcestershire, calling for holy war and the murder of moderate Muslims, it reveals."
My Twitter.com identity: jonjayray. My Facebook page is also accessible as jonjayray (In full: http://www.facebook.com/jonjayray). For more blog postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, SOCIALIZED MEDICINE, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena
List of backup or "mirror" sites here or here -- for readers in China or for everyone when blogspot is "down" or failing to update. Email me here (Hotmail address). My Home Pages are here or here or here
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The Big Lie of the late 20th century was that Nazism was Rightist. It was in fact typical of the Leftism of its day. It was only to the Right of Stalin's Communism. The very word "Nazi" is a German abbreviation for "National Socialist" (Nationalsozialist) and the full name of Hitler's political party (translated) was "The National Socialist German Workers' Party" (In German: Nationalsozialistische Deutsche Arbeiterpartei)
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Sunday, November 15, 2009
More Stimulus Equals More Unemployment
"Stimulus" is in the process of turning a nasty recession into a genuine depression. The evidence is in the "Employment Situation" report released by the Bureau of Labor Statistics (BLS) on November 6th. The "headline" unemployment rate shot up to 10.2%, the highest in more than 26 years. But the report was much worse than most people realize.
The "household survey data" showed that 589,000 jobs vanished during October. This is bad enough, but the three-month moving average of changes in total employment (current month and prior two months) shows that job losses are actually accelerating. The three-month moving average (TMMA) of changes in total employment began a serious decline in February 2007. It went into negative territory two months later. This indicator has now been negative for the past 21 months. During this time, total employment has declined by more than 8 million jobs.
As the financial crisis gathered momentum in late 2008, the TMMA fell continuously, reaching a bottom of 853,000 jobs lost per month in January 2009. Then this indicator began improving. By June 2009, when stories about "green shoots" were common in the financial press, the TMMA was "only" 230,000. However, it then began falling again. The October BLS numbers pushed the TMMA down to 589,000 jobs lost per month.
Economic growth is supposed to create jobs. However, the U.S. economy shed twice as many jobs (1,332,000) in the third quarter of 2009, when GDP grew at a robust 3.5% annual rate, than it did in the second quarter (691,000), when the economy contracted at a 0.7% rate. How can this be? To paraphrase the 1992 Clinton campaign, "It's the bonds, stupid!"
The massive sales of U.S. Treasury bonds to finance "stimulus", bailouts, and other government spending is sucking capital out of the private sector and destroying jobs. Once again, the October 6th BLS report tells the tale. The BLS "household survey" showed job losses of 589,000, while their "establishment survey" showed a reduction of payrolls of only 190,000. This shows that most of the damage is being done in small business, "under the radar screen" of the BLS.
Small businesses-especially new small businesses-account for essentially all net job growth. However, business creation and expansion requires capital, and more and more of the nation's capital is being commandeered by the U.S. Treasury in the name of "stimulus". The FY2009 Federal deficit was $1.4 trillion. This was almost a trillion dollars higher than FY2008. The capital to buy this additional debt had to come from somewhere, and much of it was squeezed out of business. Here are some indicators, both statistical and anecdotal:
• During FY2009, "Gross Domestic Private Investment" fell by 25% (almost $500 billion/year). It would have needed to grow by 5% to keep the unemployment rate from rising from an already-too-high 6.2%.
• Many venture capital firms are informing entrepreneurs that there is no money available for new startups. The firms say that they must husband their capital to meet the needs of their existing portfolio companies.
• The 500 largest U.S. non-financial companies now hold more than $1 trillion in Treasury bills, amounting to more than 10% of their total assets. Corporate cash flows are rising, but the money is being invested in government bonds, rather than growth.
• Banks have cut credit card credit lines by 25%, or $1.25 trillion. Because small businesses are often financed with personal credit cards, this has a direct impact on small business survival and growth.
If you divide the total real capital employed in the U.S. ("produced assets") by total employment, you get about $313,000. That is, for $313,000 in capital, the private economy can create one real, permanent, self-supporting job. In contrast, there are estimates that each of the jobs that the administration claims that "stimulus" has "created or saved" is costing about $1.2 million. If so, this means that selling the bonds required to fund one temporary "stimulus" job will take enough capital out of the private sector to destroy four "real" jobs. This explains why, as the "stimulus" spending has ramped up, job losses have accelerated.
Unfortunately, the Administration, the mainstream media, and much of the economics profession are responding to the worsening unemployment with calls for even more "stimulus". This would compound the tragedy. Each $313,000 of bonds sold to fund the additional spending could be expected to extinguish one private sector job. In addition, we can expect that the next increment of stimulus would be even more wasteful than the first $787 billion. The "best" projects would have been included in the first stimulus bill.
The "headline" (U-3) unemployment rate of 10.2% vastly understates the magnitude of the jobs crisis in America. John Williams' "Shadow Government Statistics" unemployment number for October is 22.1%. Williams estimates that we would have to create 22.6 million new jobs in order to get to "true" full employment. At $313,000 each, the private sector would have to invest an incremental $7.1 trillion to accomplish this.
Every year for the past 58 years, real GDP has been very close to 30% of total capital employed (real "produced assets"). Accordingly, an additional $7.1 trillion in private business investment could be expected in increase GDP by about $2.1 trillion/year. Most of this income would go to the 22.6 million new job holders and their families, but about a quarter of it would be captured by governments at all levels.
Canceling the job-destroying "stimulus" program would be a good first step toward providing the private sector with the additional capital required to achieve full employment. However, this would provide only about 10% of the money required. The rest would have to be mobilized by increasing incentives for real savings and investment.
The two most effective measures toward this end would be to stabilize the dollar and to repeal the corporate income tax. The corporate income tax brought in only $138billion in FY2009. This amounts to less than 1% of GDP, and less than a fifth of the cost of the "stimulus" bill. Repealing it now would produce higher employment and higher Federal revenues within months.
SOURCE
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The job-killing president and Congress
By: Newt Gingrich
Last Friday, the unemployment rate jumped to 10.2 percent. The underemployment rate -- including part-time workers who want full-time jobs and those who have simply quit looking for work -- reached 17.5 percent. How did Washington react? The next day the Democratic-controlled House passed a trillion-dollar increase in government disguised as a health care bill. In the face of the worst jobless rate in 26 years, the Obama administration and congressional Democrats don't seem to realize that adopting bad policies kills jobs.
What's most remarkable about this is that the president should know better. We now have proof that the Obama administration's job-killing policies are hurting America. In an interview with CNBC last January, when he was still trying to sell his massive $787 stimulus bill, President Obama predicted, "If we do nothing, things will get much, much worse. With the plan that we have, we will do better than we would otherwise have done." At the time, the Obama White House predicted that unemployment wouldn't get worse than 8 percent if the stimulus was enacted. By the middle of 2009, they promised, the massive spending bill would be having a positive effect on employment.
So much for promises. By the White House's own standards of success, its economic recovery policies have been an abject failure. That doesn't mean they don't keep touting the stimulus as a success, of course, aided by that most meaningless of economic metrics, "jobs created or saved." As recently as the end of October, Vice President Biden claimed that the stimulus act "saved or created" one million jobs. But consult a more objective source -- like the Bureau of Labor Statistics, the government's official job counter -- and you'll find that 3.2 million Americans have lost their jobs since February when the stimulus act was signed. In fact, the most accurate measure of jobs under the Obama administration and the Democratic Congress isn't jobs "saved or created," it's jobs "lost and dislocated."
American Solutions calculates that the 1 million jobs number cited by the administration as gains for employment actually represents future, additional unemployment. The one million jobs supposedly funded by the stimulus bill -- overwhelmingly in government -- will necessarily end when their government funding ends. Add these one million dislocated workers to the 3.2 million Americans who have lost their jobs since the stimulus was passed and you have an astonishing more than 4 million jobs lost and dislocated since the beginning of the Obama administration's policies.
Democratic economic policies aren't simply ineffective, they are affirmatively job killing. And they're about to get worse. The health care bill Speaker Nancy Pelosi bribed, cajoled and threatened through the House last weekend imposes a 5.4 percent income tax "surcharge" on any tax filer who makes more than $500,000 a year. The Joint Tax Committee has found that fully one-third of this new tax will be paid by small businesses, the engines of American job creation. What about 4 million jobs lost or dislocated don't Washington Democrats get?
The first thing to do is to take the approximately $500 billion in stimulus funds that haven't yet been spent and redirect it toward cutting the payroll tax in half for two years. Social Security and Medicare would be protected, and every single American who works would get a take home pay raise. Every single small business would have more money available to create more jobs. (This and other solutions for creating jobs and prosperity now can be found at www.americansolutions.com.)
Unless, of course, the point of the Obama economic policies isn't to create jobs, but to increase Democratic political clout by increasing the size of government. If that's the case, Democrats will find out soon enough that killing jobs in order to grow the Democratic Party by growing government isn't a bargain the American people are ready to make.
SOURCE
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BrookesNews Update
US jobless hits 10.2 per cent and government supporters blame rising productivity : The same media types who screamed blue murder with undisguised glee when unemployment hit 5 per cent under Bush are now telling us that the current 10.2 per cent rate is being driven by rising productivity and so there is little that can be done about it in the near future. This is utter nonsense
Could a new resource boom doom Australian manufacturing? : A sustained increase for a country's products can bring about a rise in the exchange rate. If this is not offset by a sufficiently large monetary expansion then the country's manufacturing base could be seriously damaged. And the theory of comparative advantage won't have a damn thing to do with it. Will this happen to Australia?
George Soros: crisis and myth :George Soros is at it again. This fanatical enemy of the market is misleading people as to the real cause of the financial crisis
Gore's Profits of Doom : Financial disclosure documents released before the 2000 election put the Gore family's net worth at $1 million to $2 million. Thanks to the global warming scam that Gore was instrumental in establishing his net worth is now $200 million. So why isn't he keeping Bernie Madoff company?
Having a little buyer's remorse? Hmm : American is now run by 'Czars' who are not checked on or responsible to anyone. But, they want to share the wealth. Have you noticed, however, that the politicians who want all of this, sure don't plan on giving up any of those wonderful perks that they get from their wonderful job related health policies in the House and Senate. And Pelosi has no intention of sharing any of her wealth
The vilification of Rush Limbaugh : I believe with all my heart that minorities, especially African-Americans, will never be free until they stop allowing people like Jesse Jackson and Al Sharpton to insist they adopt the mentality of victims. Likewise, they will not be free until they take the next bold step: start thanking God for America, and stop condemning the white male.
Before Dreams, there was Roots :As evidence mounts that Obama did not exactly write Dreams unassisted, Landesman gives us a good indication of how America's cultural honchos will react. For a century, in fact, they have been heaping uncritical praise on undeserving artists of a certain political stripe, especially minority artists. And for a century, they have been pulling the curtain shut behind their pet wizards when anyone questions their wizardry
How to become a 'Citizen Of The World' : Obama has bestowed instant cachet on the growing ranks of Americans who revel in the thought of being the first in their own social set to be considered cutting edge 'citizens of the world.' Especially since joining this community of global citizens confers upon them automatic virtue, along with instant and unassailable moral stature
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ELSEWHERE
Now Obama wants to put an ACORN fund-raiser on the federal bench: "David Hamilton was the first person nominated for a judgeship after President Obama took office. On Mar. 17, President Obama nominated Hamilton, who is currently a federal district judge in Indiana, to the U.S. Court of Appeals for the Seventh Circuit, which encompasses several Midwestern states. The main problem many senators have with Judge Hamilton is his controversial decisions. Hamilton ignored a felony conviction on a man’s record when being prosecuted for his third felony drug crime to avoid imposing a life sentence, for which Hamilton was unanimously reversed on appeal. Hamilton also struck down a law requiring convicted sex criminals from reporting information to police to track their whereabouts. He also petitioned the White House for clemency for a police officer who produced child pornography. He has also shown surprising hostility to people of Christian faith. He ruled that any prayers uttered in the Indiana statehouse that invoke the name of Jesus Christ are unconstitutional and cannot be permitted. Nor can anyone offer a prayer that is “sectarian” or “pervasively Christian.” Oddly, although prayers mentioning Jesus are somehow a threat to the republic, Judge Hamilton said that it’s okay to offer prayers to Allah."
ACORN say it has a constitutional right to your money: "Activist group and organized crime syndicate ACORN has a constitutional right to defraud the people of the United States, it claims in a federal lawsuit. Actually, the lawsuit, filed with the assistance of the allegedly terrorist-funded Center for Constitutional Rights, doesn't use the word fraud, but that's what it amounts to because ACORN argues in the document that it has a right to taxpayer dollars. I kid you not. ACORN claims the congressionally approved cutoff of federal funding that expires Dec. 18 violates the Constitution's prohibition on bills of attainder, along with ACORN's free speech and due process rights. Of course, due process is a rather specific legal concept that applies to judicial proceedings, rather than the lawmaking process. A bill of attainder singles out an individual or group for punishment without trial. Is it punishment for ACORN to be denied public funds? That implies the group has the right to receive those funds."
The "stimulus" that didn't stimulate: Ten States Face Looming Budget Disasters: "In Arizona, the budget has grown so gloomy that lawmakers are considering mortgaging Capitol buildings. In Michigan, state officials dealing with the nation's highest unemployment rate are slashing spending on schools and health care. Drastic financial remedies are no longer limited to California, where a historic budget crisis earlier this year grew so bad that state agencies issued IOUs to pay bills. A study released Wednesday warned that at least nine other big states are also barreling toward economic disaster, raising the likelihood of higher taxes, more government layoffs and deep cuts in services. The report by the Pew Center on the States found that Arizona, Florida, Illinois, Michigan, Nevada, New Jersey, Oregon, Rhode Island and Wisconsin are also at grave risk, although Wisconsin officials disputed the findings. Double-digit budget gaps, rising unemployment, high foreclosure rates and built-in budget constraints are the key reasons."
Cold cash Jefferson (above) given 13 years for corruption: "Former Louisiana congressman William Jefferson stood motionless in U.S. District Court in Alexandria Friday as he was sentenced to 13 years in prison for corruption - the longest prison term ever imposed on a former member of Congress. The nine-term Democrat from New Orleans - found with $90,000 stuffed in his freezer - lost his re-election bid last year while under indictment - a result that U.S. District Judge T.S. Ellis found satisfying. "Public corruption is a cancer on the body politic," the judge said after an afternoon of delays and long recesses had turned to blustery evening. "It eats away and destroys the function of that body. It needs to be surgically removed."
My Twitter.com identity: jonjayray. My Facebook page is also accessible as jonjayray (In full: http://www.facebook.com/jonjayray). For more blog postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, SOCIALIZED MEDICINE, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena
List of backup or "mirror" sites here or here -- for readers in China or for everyone when blogspot is "down" or failing to update. Email me here (Hotmail address). My Home Pages are here or here or here
****************************
The Big Lie of the late 20th century was that Nazism was Rightist. It was in fact typical of the Leftism of its day. It was only to the Right of Stalin's Communism. The very word "Nazi" is a German abbreviation for "National Socialist" (Nationalsozialist) and the full name of Hitler's political party (translated) was "The National Socialist German Workers' Party" (In German: Nationalsozialistische Deutsche Arbeiterpartei)
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